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News

Sri Lanka banks on ‘Casino King’ to woo investors

Editor_1 Jun 24, 2022 0
Cash-strapped Sri Lanka's president Friday (24) appointed the island's biggest casino operator Dhammika Perera as investment minister with responsibility over a Chinese-funded tax-free enclave in the impoverished South Asian nation
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Americas

Congress passes bipartisan gun legislation, clearing it for Biden

Editor_1 Jun 24, 2022 0
Congress gave final approval Friday (24) to a bipartisan compromise intended to stop dangerous people from accessing firearms, ending nearly three decades of congressional inaction over how to counter gun violence and toughen the nation’s…
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News

IMF talks with Sri Lanka must also focus on corruption, aid diversion urges OSF chief

Editor_1 Jun 24, 2022 0
Sri Lanka has a history of diverting aid and the International Monetary Fund (IMF) must acknowledge the reasons for the country’s economic crisis, failing which the organization will risk bailing out corrupt politicians, President of the…
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Sri Lanka

Crisis-hit Sri Lanka finally starts to deal with bloated public sector

Editor_1 Jun 24, 2022 0
Sri Lanka is looking at ways to trim the public sector by allowing state workers to go on leave for other jobs both locally and abroad as a worsening economic crisis compels the island nation to reduce government expenditure
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Ukraine Invasion

In Russia’s war, China and India emerge as financiers

Editor_1 Jun 24, 2022 0
As Russia tries to break the stranglehold of sanctions, China and India are emerging as Moscow’s pivotal financiers by purchasing large amounts of Russian crude, putting themselves in the middle of the messy war with Ukraine and a…
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Europe

Ukraine forces ordered to withdraw from Sievierodonetsk

Editor_1 Jun 24, 2022 0
After weeks of bloody street-by-street fighting and months of withering Russian bombardment, Ukrainian forces fighting in the eastern city of Sievierodonetsk will retreat from the city, the local governor said Friday (24)
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Climate

Heat waves around the world push people and nations ‘to the edge’

Editor_1 Jun 24, 2022 0
It’s too soon to say whether climate change is directly to blame for causing severe heat waves in the four powerhouse economies of US, Europe, China and India— which also happen to be the top emitters of heat-trapping gases — at roughly the…
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Americas

US repatriates Afghan whose Guantánamo detention was unlawful

Editor_1 Jun 24, 2022 0
The United States on Friday (24) complied with a federal court order and released a former Afghan militiaman from detention in Guantánamo Bay, in a case that reflects the changing political realities of Afghanistan
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Headlines

US Supreme Court overturns Roe v. Wade

Editor_1 Jun 24, 2022 0
The Supreme Court on Friday (24) overruled Roe v. Wade, eliminating the constitutional right to abortion after almost 50 years in a decision that will transform American life, reshape the nation’s politics and lead to all but total bans on…
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Editors pic

A world apart, Lebanon and Sri Lanka share economic collapse

Editor_1 Jun 24, 2022 0
Lebanon and Sri Lanka may be a world apart, but they share a history of political turmoil and violence that led to the collapse of once-prosperous economies bedevilled by corruption, patronage, nepotism and incompetence
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